Heck, 8 yrs ago old fat boy McMillan was saying Claude would be doing 75k to 90k ozs per year within 3 to 5 yrs. He should have built a second mill back then with all the monies that passed through his hands.
The next leg up may take quite a while.
Strong jobs report just reset Fed rate clock.
Higher interest rates will likely mean lower POG.
Also, expenses incurred for Claude's winter resupply program will have a drag on their Q1 report.
Glad I sold most of my 22 cent shares at 43.
There's always plenty of time on pull backs to get on board the Claude train before it leaves the station.
IMO, any news given an early fed interest rate hike possibility would most likely provide a short lived bump in the stock price followed by a sell off event.
4 yrs ago around this time, this stock was approaching $2.50.
And, they were only producing 44k ozs per year back then.
I told you there was always time to get on the Claude slow boat.
IMO, they should have released these numbers immediately after returning from PDAC to take advantage of the interest momentum. Now, the 1st Qtr is over and the winter resupply expenses will need to be accounted for.
One can only hope that this duck does not turn back into a BLACK swan.
In this day of investor attention deficit disorder, the mere reporting of winter resupply expenses in Q1 can make many head for the exits.
Claude Resources Inc.
Claude Resources Upcoming Events: 4/7/2015
Description: Claude Resources Inc. will host sell-side and buy-side analysts to the Seabee Gold Operation.
Event Date: 07-Apr-15
My comment is actually a "HOLD" signal.
Still have a boat load of shares to depart with for the right price.
Been taking my profits from Claude and building a sizeable position in Pure Gold Mining formerly known as Laurentian Goldfields.
You remember them don't you?
Those are the people that bought the Madsen Mine for a mere pittance.
The drill results at Madsen have been exceptional.
IMHO, when the time comes their production ramp up will come quickly and the stock price will explode.